5 months on rocket

2802 Milburnie Rd, Raleigh, NC, 27610

$700,000

1.48 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #10038857
Lot Size1.48 Acres
StatusActive

About 2802 Milburnie Rd

Excellent Raleigh location nearby to 440 Beltline, DWTN Raleigh, Crabtree Creek Trail, Bus Rapid Transit (BRT) Station in development and significant proposals to improve the surrounding WakeMed Raleigh Campus. Property zoned OX-5 (mixed used). Unapproved preliminary site plan is available for an apartment building or up to 10 townhomes. Triangle shaped area located at the Southeast corner is being recombined to increase the lot to 1.633 acres. ROW agreement in place for access from New Bern Rd. Road frontage on Milburnie. This is a great opportunity to be a part of some exciting changes in this area, including the emerging health and education district!

Property Details

Property Features

Listing Office:

  • Office Name: Sizemore Realty Group, LLC
  • Office Phone: (919) 744-1637
  • Listing Agent: Beth Martin

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 1.48 Acres

Other

Directions Information:

  • Directions: From 440 Beltline, go East on New Bern, Right on Shanta, Left on Milburnie, property on left. Also accessible from New Bern via Wakeview Office Condos.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000

Tax Information:

  • Annual Amount: $2,484
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

2802 Milburnie Rd vs Raleigh

176 DAYS ON ROCKET

+134 Days

$700,000

+$251.5K More

KEY TAKEAWAY

This property is $251.5K more than the Median Sold Price in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10038857

Listing Office:

  • Office Name: Sizemore Realty Group, LLC
  • Office Phone: (919) 744-1637
  • Listing Agent: Beth Martin

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/24/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,484$255,297
2020$2,438$255,297
2019$1,017$93,093
2018$968$93,093

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1445483
3
/10
  • Powell Magnet Elementary School

  • 1130 Marlborough Rd

  • 0.82 miles

  • Public Magnet Grades PK-5

school-card-donut-1445484
6
/10
  • Poe Magnet Elementary School

  • 400 Peyton St

  • 1.19 miles

  • Public Magnet Grades PK-5

school-card-donut-1445485
6
/10
  • Bugg Magnet Elementary School

  • 825 Cooper Rd

  • 1.52 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,800. The most common annual income of people living in Raleigh, NC is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2802 Milburnie Rd

What is the listing price of this property?

The listing price of 2802 Milburnie Rd property is $700,000.

What type of property is this?

The property 2802 Milburnie Rd is land located in Raleigh, North Carolina, 27610.

Is this property for sale now?

Active Listing: 2802 Milburnie Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,484 (source: MLS/based on county public records data).

How much acreage is this property?

The property 2802 Milburnie Rd is 1.48 acres.
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Rocket HomesNorth CarolinaWake CountyRaleigh276102802 Milburnie Rd

This home is located at 2802 Milburnie Rd in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. This home sits on a 1.48 acre lot. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $700,000.

Raleigh, NC housing market in November 2024 saw over 67 listings sold above listed price, more than 101 sold at listed price and over 257 sold below. The inventory of homes for sale in Raleigh, NC between October 2024 and November 2024 decreased by 9.7%. Listings spent 42 days on the market in November 2024, and had a median list price of $448,424 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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